| ILC Stock | | | CAD 0.01 0.01 25.00% |
International Lithium financial indicator trend analysis is infinitely more than just investigating International Lithium recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Lithium is a good investment. Please check the relationship between International Lithium Total Current Assets and its Long Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Assets vs Long Term Investments
Total Current Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Lithium Total Current Assets account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between International Lithium's Total Current Assets and Long Term Investments is -0.14. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of International Lithium Corp, assuming nothing else is changed. The correlation between historical values of International Lithium's Total Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of International Lithium Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Assets i.e., International Lithium's Total Current Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Long Term Investments
Long Term Investments is an item on the asset side of International Lithium balance sheet that represents investments International Lithium intends to hold for over a year. International Lithium Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from International Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Lithium current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Enterprise Value is likely to climb to about 7.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
M in 2024.
International Lithium fundamental ratios Correlations
Click cells to compare fundamentals
International Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Lithium fundamental ratios Accounts
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Additional Tools for International Stock Analysis
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measure International Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Lithium is operating at the current time. Most of International Lithium's value examination focuses on studying past and present price action to
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